Real-Time Location System (RTLS) In Healthcare Market Size
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 2.25 Billion |
| Market Size (2030) | USD 5.12 Billion |
| CAGR (2025 - 2030) | 18.01% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Real-Time Location System (RTLS) In Healthcare Market Analysis
The Real-Time Location System In Healthcare Market size is estimated at USD 2.25 billion in 2025, and is expected to reach USD 5.12 billion by 2030, at a CAGR of 18.01% during the forecast period (2025-2030).
Several factors drive the market's growth, notably the rising demand for asset tracking, an intensified focus on workflow optimization, and an emphasis on enhanced patient safety. Real Time Location Systems (RTLS) empower healthcare facilities to bolster the safety and security of patients, assets, and staff through real-time location insights. Medical institutions, from hospitals to senior living facilities, prioritize safeguarding both individuals and property. In a hospital environment, monitoring patient movements, managing access, and ensuring overall movement management are paramount. With their ability to deliver real-time location data, RTLS solutions significantly enhance the safety and security measures of healthcare organizations, benefiting personnel, patients, and assets alike.
The integration of advanced real-time location systems (RTLS) with security solutions, such as access control systems and infant protection systems, significantly enhances security measures in healthcare facilities. This combination not only ensures the safety of patients and infants but also restricts unauthorized access to sensitive areas. As a result, the healthcare market is witnessing a growing demand for RTLS solutions, driven by their ability to safeguard facilities, patients, and critical assets.
With the global population and patient numbers on the rise, patient safety has emerged as a critical public health priority. In 2022, the World Health Organization (WHO) reported that medication errors could result in one death per million individuals. For the European Union's population of 447 million, this translates to approximately 163,000 fatalities annually. Data from Spain, Germany, and the United States further indicate that between 60,000 and 131,000 deaths occur annually in Europe due to medical errors. These errors are primarily attributed to adverse drug reactions, specimen misidentification, and incorrect blood transfusions, often caused by failures in patient and medication identification. These challenges have underscored the growing need for Real-Time Location Systems (RTLS) in the healthcare market, as such systems enhance patient and medication tracking, reducing the likelihood of misidentification. In a bid to combat this, the Food and Drug Administration (FDA) posits that a robust integrated IT infrastructure, including RTLS, could slash misidentification-related medical errors by a significant 50%.
RTLS enhances patient safety by allowing healthcare facilities to tag and efficiently track medical supplies and equipment. This is especially crucial during surgeries and other critical procedures, ensuring that necessary items are readily available. Such timely access reduces the risk of medical errors and bolsters patient outcomes. In July 2023, CNN Health reported that in the United States, misdiagnoses and medical errors lead to approximately 371,000 deaths and 424,000 cases of permanent disability annually. RTLS has significantly influenced the medical sector, especially in pharmaceutical companies, blood banks, and hospitals. These institutions, by harnessing RTLS capabilities, manage workflows efficiently, streamline operations, minimize errors, and optimize healthcare asset utilization, all of which are vital for patient care and safety.
In conclusion, the adoption of Real-Time Location Systems (RTLS) in healthcare is driven by the need to enhance patient safety, optimize workflows, and secure assets. As healthcare facilities continue to face challenges such as rising patient numbers and medical errors, RTLS solutions provide a critical tool to address these issues effectively. Their integration into healthcare operations not only improves safety and efficiency but also ensures better outcomes for patients and institutions alike.
However, the growing privacy and safety concerns will significantly hinder their adoption in the forecast period.
Real-Time Location System (RTLS) In Healthcare Market Trends
Radiofrequency Identification (RFID) Segment is Expected to Hold a Significant Share in the Market Over the Forecast Period.
The healthcare sector is poised for substantial growth in the adoption of radio-frequency identification (RFID) technology in the coming years. Hospitals, biotechnology companies and pharmacies are leveraging RFID to optimize inventory management and strengthen patient security. Market demand is being driven by the cost-efficiency and productivity gains offered by RFID systems, coupled with the increasing integration of automated processes in healthcare operations. Furthermore, the rising volume of patient visits to hospitals and the critical need for efficient supply chain management are key factors driving market expansion.
Companies are increasingly investing in advanced technologies to enhance operational efficiency and streamline processes in various sectors. The adoption of mobile computing, RFID solutions, and integrated systems reflects a growing trend among businesses to digitize traditional workflows and improve accuracy. These investments are driven by the need to remain competitive in a fast-evolving market landscape and cater to the rising demand for seamless operations. For instance, in March 2023, Zebra Technologies Corporation revealed that Alpro Pharmacy has adopted Zebra's mobile computing and RFID solutions. This move aims to digitize Alpro's manual inventory management, propelling its rapidly expanding business. The initial phase of this digital transformation saw Alpro's front-line workers equipped with Zebra's TC21 touch computers, replacing their traditional pen-and-paper inventory management. These mobile devices streamline various inventory tasks, from receiving goods at Alpro's distribution center to picking items for retail and e-commerce orders. As a result, Alpro Pharmacy has witnessed an approximate 80% boost in efficiency and a notable reduction in human errors, enhancing overall accuracy.
Moreover, in October 2022, Biolog-id unveiled its RFID kit tailored for businesses managing numerous Red Blood Cells. Following successful market validation, the HD kit has been deployed at various client sites, demonstrating its prowess in navigating complex inventory challenges.
These developments underscore the commitment of companies across industries to leverage innovative solutions for addressing operational challenges. By investing in such technologies, businesses are not only improving efficiency and accuracy but also positioning themselves for sustained growth in an increasingly competitive environment.
In conclusion, the healthcare sector's increasing reliance on RFID technology, coupled with advancements in operational efficiency across industries, underscores a transformative shift. Companies leveraging innovative solutions are not only addressing operational challenges but also positioning themselves for long-term growth in a competitive market landscape.
North America is Expected to Hold a Significant Market Share Over the Forecast Period
North America's RTLS market for healthcare is booming, due to the region's top-notch healthcare infrastructure and a heightened focus on patient safety and operational efficiency. By integrating RTLS technology, healthcare facilities can optimize asset management, streamline workflows, and elevate patient care through real-time tracking and location data. With a surge in investments in digital health technologies and a commitment to data-driven decisions, healthcare providers in North America are turning to RTLS solutions to better utilize resources and cut operational costs.
Moreover, North America's regulatory framework strengthens the adoption of RTLS, underscoring standards that prioritize patient safety and transparency. The region's penchant for rapid technological adoption and innovation further amplifies the demand for RTLS systems, as healthcare entities pursue cutting-edge solutions to navigate challenges and enhance care delivery. Together, these elements are propelling the growth of the RTLS market in North America.
The United States is leading the RTLS market in North America, driven by its advanced healthcare infrastructure, substantial investments in digital health technologies, and a proactive approach to adopting innovative solutions. The country's focus on operational efficiency and enhanced patient outcomes has solidified its position as a market leader. The United States RFID market in healthcare is witnessing significant merger and acquisition (M&A) activity among key players. This trend is driven by objectives such as accessing emerging technologies, acquiring advanced features, and expanding geographical presence. For instance, in March 2024, Surgere, an IoT technology specialist, partnered with RF Controls LLC to launch the first device in its Apex Series of readers. This device is designed to enable organizations to efficiently implement RFID solutions at dock doors or conveyor systems in large volumes.
Similarly, in February 2023, HID Global Corporation, a global leader in trusted identity solutions, completed its acquisition of Guard RFID Solutions Inc., a provider of RTLS hardware and software tailored for the healthcare sector. This acquisition expanded HID's portfolio and strengthened its position in the active RFID and RTLS market, enhancing its ability to support a wide range of healthcare-specific applications.
Therefore, owing to the aforementioned factors, the market is expected to witness significant growth in the region.
Real-Time Location System (RTLS) In Healthcare Industry Overview
The RTLS market is semi-fragmented due to companies operating globally and regionally. Major players in the market are focused on product launches, acquisitions, and technological advancements to expand their presence in the global market. The competitive landscape includes analyzing a few international and local companies that hold significant market shares and are well known, including CenTrak, Inc; GE Healthcare; Securitas Healthcare LLC; Siemens Healthineers, and Sonitor Technologies.
Real-Time Location System (RTLS) In Healthcare Market Leaders
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GE Healthcare
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Securitas Healthcare LLC
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Zebra Technologies Corp.
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Midmark Corporation.
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Ubisense Ltd.
- *Disclaimer: Major Players sorted in no particular order
Real-Time Location System (RTLS) In Healthcare Market News
- July 2024: Litum launched its Staff Duress solution in the United States, now offered through a flexible subscription model. This cutting-edge solution seeks to drastically cut emergency response times in healthcare, presenting a streamlined and economical approach to safeguarding staff.
- February 2024: CenTrak unveiled ConnectRT, a cutting-edge cloud-based software platform designed to enhance the capabilities of Real-Time Location Systems (RTLS) in the healthcare sector. This platform promises a secure, high-performance environment, ensuring healthcare organizations can seamlessly scale to meet contemporary demands.
Real-Time Location System (RTLS) In Healthcare Industry Segmentation
As per the scope of the report, real-time location systems (RTLS) are technologies used to monitor the real-time location of personnel, equipment, and assets within a facility. In healthcare, RTLS leverage technologies such as RFID, Wi-Fi, and Bluetooth to provide precise location data, enhancing operational efficiency through better asset utilization, improved patient and staff safety, and streamlined workflows, The real-time location system (RTLS) in healthcare market is segmented by component, technology, application, and geography. By component, the market is segmented into software, hardware, and services. By technology, the market is segmented into radio-frequency identification, bluetooth low energy, ultra wide-band, and others. By application, the market is segmented into inventory/asset tracking & management, personnel locating & monitoring, access control & security, environmental monitoring, and others. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle-East and Africa, and South America. The report offers the value (in USD) for the above segments.
| By Component | Hardware | ||
| Software | |||
| Services | |||
| By Technology | Radio-Frequency Identification | ||
| Bluetooth Low Energy | |||
| Ultra Wide-Band | |||
| Others | |||
| By Application | Inventory/Asset Tracking & Management | ||
| Personnel Locating & Monitoring | |||
| Access Control & Security | |||
| Environmental Monitoring | |||
| Others | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | GCC | ||
| South Africa | |||
| Rest of Middle East and Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
Real-Time Location System (RTLS) In Healthcare Market Research FAQs
How big is the Real-Time Location System In Healthcare Market?
The Real-Time Location System In Healthcare Market size is expected to reach USD 2.25 billion in 2025 and grow at a CAGR of 18.01% to reach USD 5.12 billion by 2030.
What is the current Real-Time Location System In Healthcare Market size?
In 2025, the Real-Time Location System In Healthcare Market size is expected to reach USD 2.25 billion.
Who are the key players in Real-Time Location System In Healthcare Market?
GE Healthcare, Securitas Healthcare LLC, Zebra Technologies Corp., Midmark Corporation. and Ubisense Ltd. are the major companies operating in the Real-Time Location System In Healthcare Market.
Which is the fastest growing region in Real-Time Location System In Healthcare Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Real-Time Location System In Healthcare Market?
In 2025, the North America accounts for the largest market share in Real-Time Location System In Healthcare Market.
What years does this Real-Time Location System In Healthcare Market cover, and what was the market size in 2024?
In 2024, the Real-Time Location System In Healthcare Market size was estimated at USD 1.84 billion. The report covers the Real-Time Location System In Healthcare Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Real-Time Location System In Healthcare Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Real-Time Location System (RTLS) In Healthcare Industry Report
Statistics for the 2025 Real-Time Location System (RTLS) In Healthcare market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Real-Time Location System (RTLS) In Healthcare analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
